Have we been living in an MMT world since 2008?
What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century.
A ‘smart city’ is a city plagued by high taxes and central planning
When municipalities embrace new technologies, people often refer to them as “smart cities.” However, all too often these technological “revenue enhancers” are nothing more than shakedowns of local citizens.
Time to reject ‘social justice’ and replace it with real justice
Social justice is a nonsensical term that interferes with the attempts to find authentic justice. It is not about equality so much as it is about imposing outcomes incompatible with…
Wall Street’s latest poison: Leveraged ETFs
Just as Wall Street created products to participate in the housing boom (subprime mortgages, mortgage backed securities, credit derivatives), the industry now has triple leveraged ETFs to satisfy the public’s…
Are smart cities just another way to nickel-and-dime us?
When municipalities embrace new technologies, people often refer to them as “smart cities.” However, all too often these technological “revenue enhancers” are nothing more than shakedowns of local citizens.
United in economic stagnation and false fears
In the wake of the Labor Party’s huge win in Great Britain, one is reminded that Labor and Conservatives are far more united in their economic and policy viewpoints than…
Anarchy in the UK
With political turmoil creating anxiety in Great Britain, The Economist chose to describe the political situation as “anarchy.” In reality, this is political chaos, not anarchy, since anarchy is based…
Woodrow Wilson and Freedom
For all of his freedom-loving rhetoric, it is clear that Woodrow Wilson was one of the most antifreedom presidents in U.S. history.